146 E 83rd St, Los Angeles, CA, 90003 | 6.24% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Los Angeles at 146 E 83rd St, Los Angeles, CA, 90003 earns from $4,027/mo rent with a $3,793/mo payment. Total monthly income totals $4,027/mo. ROI tracks 16.45% on current figures, and rental yield reads 6.24% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 84.25% and total cumulative return in cash sums $214,819. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,027/mo property income instead of your personal income.

Multi Family

Built in 1990

5,084 sqft lot

$N/A/sqft

No HOA

More details about the property

Incredible Residential Income Opportunity in South Los Angeles. Discover this versatile duplex in the heart of South Los Angeles, a rare chance to own an income-producing property with unbeatable location and potential! Each unit is 3-beds and 1-bath. Whether youre an investor expanding your portfolio or a first-time buyer eager to build equity, this property offers endless possibilities. Live in one unit and rent out the other, or lease both units for maximum returns. With an existing Section 8 tenant already in place, you can enjoy a steady income stream from day one. This duplex has served as a reliable rental property for years, making it a perfect addition to any rental portfolio. At an affordable price point, its also an accessible pathway to homeownership and the American Dream. Situated close to major public transportation, shopping hubs, and the 110 freeway, this property offers effortless access to Downtown Los Angeles, LAX, and Southern Californias favorite destinations, including Manhattan Beach, Redondo Beach, Long Beach, and all the regions top attractions. Sports and entertainment fans will love being just minutes from SoFi Stadium, Intuit Dome, Dodger Stadium, and Crypto.com Arena, plus countless restaurants, nightlife, and cultural venues. Minutes from Southern Californias premier beaches, stadiums, and entertainment venues. Dont miss this rare opportunity to own an income-producing property in one of LAs fastest-growing neighborhoods. Schedule your showing today and take the first step toward growing your real estate portfolio or securing your dream home with built-in income potential!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90003, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,933 (100%)
Owner Occupied HU	5,267 (29.4%)
Renter Occupied HU	11,912 (66.4%)
Vacant Housing Units	754 ( 4.2%)
Median Home Value	$624,005
Average Home Value	$701,404